Andreas Bodczek is the CEO at IDnow. The Munich based company offers services around checking identities. These services includes checking identities via video chat, via an automated AI system and an electronic signature process. The tools of IDnow can be used in websites, apps or at the point of sale.
Bodczek explains: „The internet has been around for a long time, but it is only now that we see high volume transactions, such as opening a bank account, checking into hotels or renting a car.“ With these new applications, the danger of fraud and abuse is high. That's why identity checks are required. „We feel that this is a very strongly growing market and are therefore raising a series-B round [$20m+].“
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